Recovering debts across borders is a complex and often time-consuming process made even more challenging when creditors must navigate the provisions for the lawful recovery of debts. With the rise of globalization, cross-border and local trade, the demand for financing has risen thus making debt recovery a growing concern for both local and foreign lenders. While Nigeria offers vast investment opportunities, understanding the local legal framework is essential for creditors seeking to protect their interests and recover outstanding debts.  This article explores how creditors can pursue debt recovery successfully.

As global focus intensifies on sustainable and ethical business practices, Environmental, Social, and Governance (ESG) compliance has become a critical issue for companies not only across the globe but particularly Nigeria. In Nigeria, regulatory requirements, investor appeal, and other stakeholder interest are aligning to make ESG compliance a non-negotiable component of doing business in Nigeria.

Digital lending is rapidly reshaping the financial services landscape in Nigeria, providing accessible credit through technology-driven platforms. Individuals and businesses can now secure loans without ever stepping into a bank. While this convenience is a significant advancement, it comes with its own set of challenges, from issues surrounding proper licensing to concerns of legally compliant loan terms and debt recovery practices.